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National Presto Industries Inc. Message Board

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  • pmlljl pmlljl May 15, 2003 7:21 PM Flag

    cash hoarde

    ClackClack: You are probably correct. That is why I was an active buyer at $26 and pennies. However, I think they will have a materially better performance from operations now that they have pretty much transferred the production to low cost countries and it could go to $35 or $40. There are not many companies around anymore that have no debt, no goodwill, honest management, and a real business where you are assured that you will get at least a 3% yield. I will be a holder for a while longer and I don't think it is a bad buy here.

87.79+0.99(+1.14%)Sep 30 4:02 PMEDT